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Pimco Fund Suffers September Redemptions Totaling $23.5B

Pimco Fund Suffers September Redemptions Totaling $23.5B

Assessment

Interactive Video

Business, Social Studies

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

In September, a fund previously managed by Bill Gross experienced significant withdrawals, marking its worst month for redemptions. The largest cash exodus coincided with Gross's departure. Meanwhile, Argentina's Central Bank head, Juan Carlos Fabrega, resigned following criticism from President Cristina Fernandez de Kirchner over alleged information leaks. In health news, officials are tracking the journey of an Ebola patient from Liberia to Texas to assess potential virus spread, as the death toll in West Africa surpasses 3,300.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What action did health officials take regarding an Ebola patient from Liberia?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the death toll in West Africa related to the Ebola outbreak?

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